Once again this week I intend to invest any dividends I receive in the family of Gladstone Companies (GLAD, GAIN, GOOD, LAND). I personally feel that the current market is so overbought that it's prudent to invest in some solid income producing companies rather than chase companies with relatively high P/E ratios. While there may be great companies out there to invest in, I'd just rather wait for better prices.
Based upon my expectation that the market will continue to pullback next week, I expect to buy more shares of SDOW/SPXS. These ETFs seek daily investment results, before fees and expenses, of 300% of the performance of the DJIA or S&P 500 Index.
Once again this week I intend to invest any dividends I receive in the family of Gladstone Companies (GLAD, GAIN, GOOD, LAND). I personally feel that the current market is so overbought that it's prudent to invest in some solid income producing companies rather than chase companies with relatively high P/E ratios. While there may be great companies out there to invest in, I'd just rather wait for better prices.
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AuthorI am an Individual Investor with specific interest in long term growth and then enhancing my returns with income from dividends and derivatives. I don't recommend stocks to anyone (it's a good way to lose friends) and no one reading this should misinterpret my blog as a recommendation for any type of investment. I am writing this solely for myself and my kids. Archives
June 2019
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